Confucianism Includes Which of the Following Tenets

question 41

Multiple Choice

Confucianism includes which of the following tenets?

• A) Obedience to authority
• B) Respect for one's superiors and elders
• C) The responsibility of rulers to govern benevolently
• D) The importance of education
• E) Confucianism includes all of the above tenets.

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Definitions:

Total Revenue

The total income generated from the sale of goods or services before any expenses are subtracted.

Long Run

An economic period in which all inputs, including capital, can be adjusted, allowing firms to fully adapt to market changes.

Output

The total amount of goods and services produced by an economy or a production process over a certain period of time.

Marginal Cost

The cost of producing one additional unit of a product or service, which varies depending on the level of production.